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Construction labor shortages remain due to surge in nonresidential demand, Wall Street Journal reports

U.S. contractors are struggling to meet the demand for nonresidential construction projects, according to new reporting by The Wall Street Journal. Despite a decline in residential construction triggered by rising interest rates, contractors have reported that spending on nonresidential projects...
United States Los Angeles American Institute Of Architects Us Census Bureau Wall Street Spring Street

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Construction job openings in February rebound after sharp dip in January

January witnessed a 50% drop of construction job openings from the month before, with 248,000 unfilled jobs available that month. This figure was 148,000 jobs below the same time last year. A sharp rebound in February saw 412,000 job openings, which led the likes of ABC Chief Economist Anirban...
United States Anirban Basu Economist Anirban Basu United State Construction Dive Associated General Contractors

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